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CIBIL Score dropped 30 points after getting Amazon ICICI??

L

LTF_Hunter

Reputation: 120about 1 month ago

Hey everyone, kinda freaking out here. I just got my first credit card (Amazon ICICI) with a 50k limit. But I checked my CIBIL today on GPay and it dropped from 780 to 750! Is this normal??

I haven't even spent anything on it yet. Did they do a hard inquiry too many times?

#CIBIL#CreditScore#ICICI#Newbie
1 Replies

Discussion (1)

HDFCFanboy

HDFCFanboy

Reputation: 420about 1 month ago

chill man, this is 100% normal. Any time a bank does a hard inquiry for a new unsecured loan/card, u take a temporary 15-30 point hit. Just pay your bill in full next month and it will bounce right back up within 60 days. 📈

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